3 1 doc1.htm Form 3
Form 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES


Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the
Public Utility
Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person*
Farese, Michael R.
(Last)       (First)       (Middle)

275 Shoreline Drive, Suite 500
(Street)

Redwood Shores, CA, 94065

(City)       (State)       (Zip)
2. Date of Event
Requiring Statement
(Month/Day/Year)
02/11/2002
4. Issuer Name and Ticker or Trading Symbol

Communication Intelligence Corporation   (CICI)
3. I.R.S. Identification
Number of Reporting
Person, if an entity
(voluntary)


5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_X_ Director                    ___10% Owner
___ Officer (give             ___ Other (specify
          title below)                             below)


6. If Amendment, Date of
Original (Month/Day/Year)
7. Individual or Joint/Group
Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security
(Instr. 4)
2. Amount of Securities
Beneficially Owned
(Instr. 4)
3. Ownership
Form: Direct
(D) or Indirect
(I) (Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
       

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exer-
cisable and
Expiration
Date
(Month/Day/Year)

3. Title and Amount of Securities Underlying
Derivative Security
(Instr. 4)
4. Conver-
sion or
Exercise
Price of
Deri-
vative
Security
5. Owner-
ship
Form of
Deriv-
ative
Security:
Direct
(D) or
Indirect
(I)
(Instr. 5)
6. Nature of Indirect
Beneficial Ownership
(Instr. 5)
Date
Exer-cisable
Expira-
tion
Date
Title
Amount
or
Number
of
Shares
Option Grant, a right to buy 02/11/2002 02/11/2009 Common Stock 50,000 $ 0.62 D  
Explanation of Responses:

The options, granted on February 11, 2002 vest immediately upon grant, however if the optionee is separated from the Board, within one year from the grant date, Communication Intelligence Corporation has the right to repurchase, at its sole discretion, all or any portion of the common stock issued pursuant to the exercise of such options at the exercise price paid for such stock. Each quarter, from the date of grant, the number of shares of common stock subject to the Corporation's repurchase right shall be reduced by an amount equal to 25% of the total number of shares underlying the grant.


** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). /s/ Farese, Michael R.
**Signature of Reporting Person
05/13/2002 
Date
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See Instruction 6 for procedure.